All about life and real estate in Loudoun County, Virginia
This week's news, notes, and nuggets for Loudoun: iPads for teachers and students: The School board has a big meeting coming up next Thursday. The FY2014 budget is up for vote, including a provision for mobile devices for teachers and possibly closing Lincoln Elementary. Also, a controversial amendment allowing parents to freely enroll … [Read more...]
Home builder confidence continues to rise. As reported by the National Association of Home Builders, the Housing Market Index, a measure of builder confidence, rose to a reading of 40 in September -- its highest mark since June 2006. The index is now higher through five straight months and 11 of the last 12. For home buyers , the survey … [Read more...]
As we send the children off for the new school year we thought it was time to take a look at the beginning of the fall market. As the chart below displays, median price for single family, condominiums, and townhomes in Loudoun are at a two year high. This represents a 14% increase in single family home median price and a 21% increase in … [Read more...]
So it's definitely selling and buying season in Loudoun County. Figured it might be helpful for you to take a look at some of the statistics and trend lines. Below are three clickable charts that show you how the single family home market is behaving in Sterling, Ashburn, and Leesburg. Overall, median price is up, and days on market is … [Read more...]
If you're in the mood for some barbeque, look no further than Carolina Brothers at the old Partlow's Store, where the W&OD trail runs through the oldest part of Ashburn... Happy Friday! Cheers, Heather … [Read more...]
If you have considered selling this spring, it's one of the first questions you want answered...how long will it take me to sell my house? Of course, there are lots of considerations that play into what your actual time on market ends up being (condition, price, location, just to name a few biggies,) but it's nice to have a visual guideline of … [Read more...]
It's time for an update on available homes for sale in Loudoun in the $400,000 price point. The last time we took a peek at that segment of the market was in September. At the time, there were only townhomes available in Ashburn. In Sterling, there were several townhomes and a few older single family homes. Leesburg offered many options, and … [Read more...]
If you've been reading the posts here for the last couple of months, you've heard me repeat over and over that we do not have a lot of available homes for sale on the market here in Loudoun. Given that we are now in the first week of March, we should be hearing the stampede of listings approaching in the distance like a thundering herd of … [Read more...]
Sunshine, birds chirping, temps in the 50s, and crocuses pushing up signal the spring market is here. Let's take a peek at how things are shaping up in Ashburn. Median price for condos and townhomes combined have hit the highest mark in over three years, up almost 12% compared to last February! Although single family homes have not seen as … [Read more...]
So we've looked recently at what kind of house you can buy if your budget is $400k, $500k, or $600k in Loudoun County. Some move up buyers fall into the $700,000 price range; what kind of real estate falls into that budget? Amazingly, there is not a whole lot to pick from. As of today, there are only 41 non-short sale resale homes in LoCo … [Read more...]
